Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Stonegate Capital Partners Updates Coverage on Fold Holdings Inc. (FLD) 1Q26 Ready to Announce with Confidence?

newsfilecorp.com
FLD While 1Q26 revenue and transaction volume declined due to bitcoin market pressure, the company's core thesis remains intact. Management sees early improvement as bitcoin recovers, and the platform strategy is moving closer to commercial validation.

Stonegate Capital Partners Updates Coverage on Fold Holdings Inc. (FLD) 1Q26 Ready to Announce with Confidence? Dallas, Texas--(Newsfile Corp. - May 15, 2026) - Fold Holdings Inc. (NASDAQ: FLD): Stonegate Capital Partners Updates Coverage on Folding Holdings Inc. (NASDAQ: FLD). Fold's 1Q26 reflected bitcoin-market-driven pressure on activity, but the quarter did not change the core thesis; it shifted the FY26 focus toward conversion and scaling across products now in market. Revenue declined 21.1% y/y to $5.6M as transaction volume fell 32% y/y to $172M, while verified accounts approached 85K with close to 2K net adds. Net loss was $(29.2)M and adj. EBITDA was $(5.8)M, though GAAP results were affected by bitcoin treasury fair value changes and financing-related items. Operating expenses declined 19% y/y to $13.4M, supported by lower direct costs, lower stock-based compensation, and lower professional fees. Management noted February marked the bottom across most core KPIs, with early improvement as bitcoin recovered. We view 1Q26 as market driven pressure in transaction-linked activity, while Fold's broader platform strategy moved closer to commercial validation.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

Click image above to view full announcement.

About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.

Contacts:

Stonegate Capital Partners

(214) 987-4121

info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297631

Source: Reportable, Inc.

Analyst, journalist, or company stakeholder? Sign up to receive news releases by email for Reportable, Inc. or all companies in the Multimedia / Internet / Online Services industry.

Stonegate Capital Partners Updates Coverage on Fold Holdings Inc. (FLD) 1Q26

2026-05-15 9:54 AM EDT

Stonegate Capital Partners Updates Coverage On Aemetis, Inc. (AMTX) 1Q26

2026-05-14 4:13 PM EDT

Tevard Biosciences Presents Preclinical Data Showing Complete Dystrophin Restoration and Robust Titin Rescue with Suppressor tRNA Therapy at ASGCT 2026

2026-05-14 7:37 AM EDT

Jan 22, 2026

UPDATE: On March 5, the SEC issued an Exemptive Order (Release No. 34-104931) providing significant relief for FPIs in "qualifying jurisdictions," including Canada . Because the SEC now recognizes Canada’s reporting standards as "substantially similar," most Canadian directors and officers are exempt from the Section 16(a) filings described below. However, this relief depends on the jurisdiction of incorporation; FPIs incorporated in "offshore" jurisdictions (e.g., Cayman Islands or BVI)...

Multimedia / Internet / Online Services